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Equital (XTAE:EQTL) Cyclically Adjusted Book per Share : ₪113.19 (As of Mar. 2024)


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What is Equital Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Equital's adjusted book value per share for the three months ended in Mar. 2024 was ₪150.852. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₪113.19 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-20), Equital's current stock price is ₪106.80. Equital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₪113.19. Equital's Cyclically Adjusted PB Ratio of today is 0.94.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Equital was 0.97. The lowest was 0.86. And the median was 0.91.


Equital Cyclically Adjusted Book per Share Historical Data

The historical data trend for Equital's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Equital Cyclically Adjusted Book per Share Chart

Equital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Equital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 113.19

Competitive Comparison of Equital's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, Equital's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Equital's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Equital's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Equital's Cyclically Adjusted PB Ratio falls into.



Equital Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Equital's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=150.852/131.7762*131.7762
=150.852

Current CPI (Mar. 2024) = 131.7762.

Equital Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 96.871 0.000
201312 49.196 98.326 65.932
201412 52.919 99.070 70.389
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 58.132 99.792 76.764
201603 60.690 100.470 79.601
201606 63.345 101.688 82.088
201609 65.025 101.861 84.122
201612 69.813 101.863 90.315
201703 70.636 102.862 90.491
201706 72.101 103.349 91.933
201709 75.139 104.136 95.083
201712 80.704 104.011 102.247
201803 85.778 105.290 107.356
201806 88.813 106.317 110.081
201809 92.928 106.507 114.976
201812 98.235 105.998 122.125
201903 83.326 107.251 102.381
201906 84.770 108.070 103.366
201909 85.375 108.329 103.854
201912 91.181 108.420 110.823
202003 94.840 108.902 114.761
202006 95.298 108.767 115.458
202009 98.772 109.815 118.525
202012 99.503 109.897 119.313
202103 102.918 111.754 121.357
202106 104.019 114.631 119.577
202109 112.752 115.734 128.381
202112 121.782 117.630 136.428
202203 125.865 121.301 136.734
202206 130.198 125.017 137.238
202209 134.811 125.227 141.862
202212 136.973 125.222 144.142
202303 139.904 127.348 144.769
202306 142.415 128.729 145.787
202309 145.483 129.860 147.630
202312 145.449 129.419 148.098
202403 150.852 131.776 150.852

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Equital  (XTAE:EQTL) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Equital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=106.80/113.19
=0.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Equital was 0.97. The lowest was 0.86. And the median was 0.91.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Equital Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Equital's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Equital (XTAE:EQTL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Equital Ltd (XTAE:EQTL) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
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Address
PO Box 10188, Petah Tikva, ISR
Website
Equital Ltd provides real estate management services and rental services. The company also provides oil and gas exploration services.

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